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Tax internship vs fixed asset accountant

The differences between tax interns and fixed asset accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $46,283 average annual salary of a tax internship.

The top three skills for a tax internship include first hand, CPA and taxation. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Tax internship vs fixed asset accountant overview

Tax InternshipFixed Asset Accountant
Yearly salary$46,283$59,691
Hourly rate$22.25$28.70
Growth rate6%6%
Number of jobs71,99142,860
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 77%
Average age4744
Years of experience-4

What does a tax internship do?

A tax intern is responsible for supporting the finance and accounting department on preparing tax documents, including analyzing financial statements and performing account reconciliations, under the supervision of a tenured tax preparer. Tax interns observe tax processes, shadowing the staff on daily operations, and utilizing their classroom knowledge to practical applications by recommending strategic procedures to handle tax filings efficiently and accurately. A tax intern must have excellent knowledge of the financial industry, as well as high-organizational skills on processing paper works and following instructions from the tax consultant.

What does a fixed asset accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

Tax internship vs fixed asset accountant salary

Tax interns and fixed asset accountants have different pay scales, as shown below.

Tax InternshipFixed Asset Accountant
Average salary$46,283$59,691
Salary rangeBetween $30,000 And $71,000Between $46,000 And $76,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Apple
Best paying industry-Energy

Differences between tax internship and fixed asset accountant education

There are a few differences between a tax internship and a fixed asset accountant in terms of educational background:

Tax InternshipFixed Asset Accountant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Tax internship vs fixed asset accountant demographics

Here are the differences between tax interns' and fixed asset accountants' demographics:

Tax InternshipFixed Asset Accountant
Average age4744
Gender ratioMale, 53.6% Female, 46.4%Male, 43.8% Female, 56.2%
Race ratioBlack or African American, 8.5% Unknown, 4.2% Hispanic or Latino, 14.1% Asian, 11.4% White, 61.2% American Indian and Alaska Native, 0.6%Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage8%7%

Differences between tax internship and fixed asset accountant duties and responsibilities

Tax internship example responsibilities.

  • Manage client accounts by organizing and categorizing financial data in QuickBooks files.
  • Enter clients info on w-2 for tax preparers.
  • Amortize treasury bonds, company own stocks and bonds.
  • Prepare tax returns for individuals, corporations, businesses, partnerships and provide CPA's with add help where need
  • Answer phones, make appointments, solve issues clients have, input data w-2 information conduct interview and collect signatures.
  • Learned from working closely with veteran CPA's in a small and personal office space where growth and interaction are encouraged.
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Fixed asset accountant example responsibilities.

  • Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Monitor purchase orders and calculate month-end accruals.
  • Support internal and external audit requirements and verify SOX documentation.
  • Calculate and reconcile deferred rent liability accruals for office leases.
  • Set up a consolidate and centralize SOX depository for require documentation.
  • Show more

Tax internship vs fixed asset accountant skills

Common tax internship skills
  • First Hand, 25%
  • CPA, 8%
  • Taxation, 7%
  • Tax Planning, 5%
  • Local Tax Returns, 5%
  • Tax Issues, 4%
Common fixed asset accountant skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%

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